Examlex
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Trade Deficit
Occurs when a country's imports exceed its exports during a given time period, indicating an outflow of domestic currency to foreign markets.
Imports and Exports
Economic transactions involving the buying of goods and services from foreign countries (imports) and selling domestically produced goods and services to foreign countries (exports).
Eurozone
The 19 nations (as of 2019) of the 28-member (as of 2019) European Union that use the euro as their common currency. The eurozone countries are Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
Exchange Rates
The rate at which one currency can be exchanged for another, influencing international trade and economics.
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